Steel

Zhou Zefu works on a giant steel sculpture of Guan Yu, known also as “Guan Gong”, a famous historical character in the Three Kingdoms period, at an open air workshop in Ningbo, Zhejiang province. Automobile repairing garage owner Wang Rong and his partners, professional welders Zhou and Shen Xinxing share an enthusiasm for making a giant steel sculpture

Steel products are stacked at a steelworks in Seoul. South Korean steelmaker Posco, backed by billionaire investor Warren Buffett, reported a smaller-than-expected 29 per cent gain in quarterly operating profit as the stronger won and weak demand sapped steel prices.

A worker operates in the blast furnace at ArcelorMittal‘s steel plant in Ostrava, Czech Republic. ArcelorMittal, the world’s biggest steelmaker, said shipments of the metal would rise 1 per cent to 2 per cent this year compared with an earlier forecast in May of 2 per cent.

A worker checks the steel reinforcement bars at a construction site in Manila on Wednesday. Across the country, more than 850,000 sq m (9.1m sq ft) of office space and 14,000 residential units were reported to enter the market in 2012, according to a 2012 report by property consultants CBRE Philippines